5.2 economic condition. Laos has since socialist economic system and reform in 2518 economy liberalized last year 2529 (1986) using "privacy policy new imagination (NEM: New Economic Mechanism) at the price system important emphasis is based on market forces and business management, and more, all to promote economic relations with foreign countries in the year 2554 (2011)-2558 (2015) Laos is in the range of national economic and social development plan issue 7 and aim that it will lead the country out of the list the least developed countries (LDCs Least Developed Countries:), in the year-2563 (2020) fitted.Salao have received financial assistance from various countries, international organizations and institutions through 20 Government and organization the Embassy 43 countries, international NGOs 88 property in order to develop the infrastructure and utilities. To accommodate the expanding economic growth due to the Government's revenue is relatively limited in Laos. The economic forecasts. Laos year 2558 to add expansion. 7.7 percent lower than the Government. Aim due to foreign investment, mainly electrical dam construction projects mining drilling. Construction projects and specific economic zone construction projects, the Government has decided to stop paying subsidies and increasing living costs, according to the index, instead of a salary. As a result, government revenue decreased respectively. The decrease in revenue, it will result in a consumer's behaviour changes made to the rest of the chain.Source: data base file name, info-laos.pdf, Laos, ASEAN Office. Department of commerce international trade talks, Lao pdf Factsheet – Nov 57., Bureau of market development for Asia/ASEAN Economic Community and the international trade promotion Department http://aec.ditp.go.th. 5.3 investing The pattern of foreign investment in Laos has three characteristics:1. a joint business with contract) is the business between the investment entities.The foreign Department has established a new legal entity and not in Laos.2. joint enterprises are enterprises) was established and registered in accordance with the legal regulations of the country of Laos, which is proprietary and business actions in cooperation between foreign investors and the investors.In a country by a foreign investor must invest a minimum of not less than 30% of the registered capital of a foreign investment must think as Kip, based on the exchange rate of the Bank of Laos.3) foreign investment enterprises, all foreign invested enterprises of sole, which was established in Laos. Established enterprises, it may be established as a legal entity, or as a branch of the foreign enterprises. The registered capital of foreign-invested enterprises. Not less than 30 per cent of the total cost. David Bailey throughout the business. Property of the enterprises do not, under share capital. The age of the foreign investment enterprises are investing based on the style, size, and condition of the business or project does not exceed 50 years and can be renewed in accordance with the agreement of the Government, but the age of the enterprises, foreign investment of up to 75 years.
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